Lease Mart Capital Corp. is not licensed to do mortgage brokering business in Ontario

Top HTML Content

The Financial Services Commission of Ontario (FSCO) is warning consumers that Lease Mart Capital Corp. is not licensed to do mortgage brokering business in Ontario.

If consumers arrange a mortgage from a mortgage brokerage, broker or agent that is not licensed in the province, they are not protected under the Mortgage Brokerages, Lenders and Administrators Act, 2006, which holds Ontario’s mortgage brokerages, administrators, brokers and agents to specific standards.